Are you ready for the rise in interest rate in 2022?
After 138 months, the Reserve Bank of Australia (RBA) has decided to increase the official cash rate by 25 basis points to 0.35 per cent in
April 18, 2022
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After 138 months, the Reserve Bank of Australia (RBA) has decided to increase the official cash rate by 25 basis points to 0.35 per cent in
Redraw facilities and offset accounts work in a similar way – they both effectively allow you to reduce the balance of your home loan, which reduces the amount of interest you pay.
Loan to Value Ratio is the percentage of the loan against the value of the property. It is how much loan you have divided by the market value of your house.
Getting started in property investing is exciting and may be easier than you think. Here are some tips to help you work towards building your property portfolio
Do you know that you can use the equity of your home as a deposit to buy a 2nd property without using your own cash?
Australia’s property market performed impressively during the pandemic. Most capital cities saw median home prices rise to record highs by the 4th quarter of 2020.
Choosing a fixed interest rate home loan does offer comfort and certainty over your loan repayments. But fixing your rate generally comes at the cost of less
Do you know that you can use the equity of your home as a deposit to buy a 2nd property without using your own cash? If you think property investment is something you’d like to explore, here are a few concepts you need to consider before deciding how to fund your investment property purchase.
Purchasing An Investment Property No matter what investment strategy you use, calculating the potential return on an investment property is a key step in the
This impacts all eligible consumer credit accounts. These are accounts that provide or can provide consumer credit such as home loans, personal loans
It’s why most lenders take your credit report into consideration when assessing your suitability for a loan.
Investment in real property, such as residential real estate, is likely to be a lengthy process and one that usually involves a plan for the
When borrowing for an investment property, it’s important to consider your budget andcashflow, including some margin for any unexpected expenses or interest rate rises. Onceyou’ve
Documentation In addition to documentation about your finances, income and identity, your application for a construction loan needs to include the fixed price building contracts
Year 2018 for the Australian economy ended on a positive note despite constant news of a housing downfall. According to a recent address by RBA
We are a team of qualified professionals who have been in the mortgage broking industry for the last 10 years. We are also property investors who have accrued the knowledge and experience to help you achieve your property goals.
Learn the right strategy and find the resources to empower you to buy your first home, to refinance or to purchase your first investment property. Our team of brokers can guide you through the home buying process and answer your questions,
including:
➔ Where and what you can buy?
➔ How much deposit will you need?
➔ How much can you borrow?
➔ What are all the other costs involved?
➔ How can you repay my mortgage quickly?
Our role as your mortgage broker is to guide you through the process to ensure that all your needs and options are considered.
Your full financial situation will need to be reviewed prior to acceptance of any offer or product.
MBM Mortgage Pty Ltd trading as Maverick Finance | ABN 28 149 301 084 | Credit Representative 403019 is authorised under Credit License 389328
This website provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you
consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not
constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.